Price for Copper; Refined, Unwrought, Billets in Malaysia - 2021

Contents:

  1. Price for Copper; Refined, Unwrought, Billets in Malaysia (CIF) - 2022
  2. Price for Copper; Refined, Unwrought, Billets in Malaysia (FOB) - 2022
  3. Imports of Copper; Refined, Unwrought, Billets in Malaysia
  4. Exports of Copper; Refined, Unwrought, Billets in Malaysia

Price for Copper; Refined, Unwrought, Billets in Malaysia (CIF) - 2022

The average copper; refined, unwrought, billets import price stood at $8,129 per ton in 2022, waning by -20.7% against the previous year. Overall, the import price saw a perceptible setback. The pace of growth appeared the most rapid in 2021 an increase of 38%. Over the period under review, average import prices reached the maximum at $10,404 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($17,697 per ton), while the price for Germany ($1,114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Refined, Unwrought, Billets in Malaysia (FOB) - 2022

In 2022, the average copper; refined, unwrought, billets export price amounted to $8,512 per ton, therefore, remained relatively stable against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper; refined, unwrought, billets export price increased by +99.5% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs at $9,326 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +2.6% per year.

Imports of Copper; Refined, Unwrought, Billets in Malaysia

In 2022, after two years of decline, there was significant growth in supplies from abroad of copper; refined, unwrought, billetses, when their volume increased by 98% to 36 tons. Over the period under review, imports, however, saw a deep reduction.

In value terms, copper; refined, unwrought, billets imports soared to $294K in 2022. In general, imports, however, showed a precipitous slump.

Import of Copper; Refined, Unwrought, Billets in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan25911889.477.3-33.2%
Finland91.957.725.765.1-10.9%
South Korea84.939.025.838.1-23.4%
Italy10171.825.236.9-28.5%
Germany22.415.75.47.9-29.3%
Taiwan (Chinese)16.49.52.73.2-42.0%
IndiaN/A58.8N/AN/A0%
Others26.830.013.365.834.9%
Total603401188294-21.3%

Top Suppliers of Copper; Refined, Unwrought, Billets to Malaysia in 2022:

  1. Italy (8.4 tons)
  2. Germany (7.1 tons)
  3. Japan (6.6 tons)
  4. South Korea (4.0 tons)
  5. Finland (3.7 tons)
  6. Taiwan (Chinese) (0.5 tons)

Exports of Copper; Refined, Unwrought, Billets in Malaysia

In 2022, overseas shipments of copper; refined, unwrought, billetses increased by 4.7% to 8.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a perceptible downturn.

In value terms, copper; refined, unwrought, billets exports expanded modestly to $75K in 2022. Overall, exports, however, continue to indicate a pronounced slump.

Export of Copper; Refined, Unwrought, Billets in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand78.173.669.272.3-2.5%
Others5.14.03.02.6-20.1%
Total83.277.572.274.9-3.4%

Top Export Markets for Copper; Refined, Unwrought, Billets from Malaysia in 2022:

  1. Thailand (8.7 tons)

Source: IndexBox Market Intelligence Platform

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